Phoenix Arizona CPA | Arizona Tax Accountant | Arizona Income Tax

Benjamin Zander and his wife wrote a book entitled: “The Art of Possibility; Transforming Professional and Personal Life”. Their idea is that “you can create a passionate energy permeating The Art of Possibility that will be a true force in your life. You can make your own rules.” Their book is inspirational. You will be inspired if you buy and read it. The question is: how does this pertain to accounts receivable financing?

It’s all about attitude, enthusiasm and point of view regarding how to conduct your business. Can you make your own rules regarding how banks, commercial finance companies and other financial entities operate? Of course not. Can you make your own rules regarding how you utilize the financial recourses that are available to finance your business? Absolutely! Read the rest of this entry »

You are probably wondering what a series on business banking essentials is doing on a natural health website.

Well, stress caused by financial worries will eventually adversely affect your health. Many business owners operate under constant financial pressure, and this series on commercial banking and commercial finance will arm them with the knowledge that they need to deal confidently with diverse business situations, and with their bank managers. Knowledge is comforting, it is the fear of the unknown that is stressful. Read the rest of this entry »

Most businesses require a loan at some stage of their development, whether it is to start up, expand, acquire another business or purchase a fixed asset. A short-term business loan can suit every stage in the growth of your business. A short-term business loan can help even out cash flow when your accounts payable schedule is shorter than your sales cycle. Read the rest of this entry »

Working capital refers to the cash requirements of a business for its day-to-day operations, or more specifically the investment required for the conversion of raw materials to finished products, which the company sells out. In academic terms, working capital is defined as the current assets minus the current liabilities of a business. It is that amount of cash flow the business requires for its daily operations. It is a measure of both a company’s efficiency and its short-term financial health. Read the rest of this entry »